PILBARA TO PURCHASE ROY HILL RAIL CAMP 3 Australian lithium developer,
Pilbara Minerals Limited (ASX: PLS) (“PLS” or “the Company”), is pleased to advise that it has entered into an agreement for the purchase of Roy Hill’s Rail Camp 3 at a cost competitive price, providing a significant capital saving for the Pilgangoora Project compared to current replacement costs. The camp is currently located approximately 90 kilometres by road south of its 100%-owned Pilgangoora Lithium-Tantalum Project, located near Port Hedland in WA. The Roy Hill Camp 3 presented an ideal opportunity for Pilbara once it became surplus to Roy Hill’s requirements following the completion of construction of its railway line from Roy Hill to Port Hedland. The 300-person camp facility is of a high standard and comes complete with all modern amenities including a gym, recreation, and wet mess.
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